Jonas Fitness Appoints Its COO To President
Scott Burgess has held the role of chief operating officer at Jonas Fitness since 2014 and will assume official responsibility for the company’s overall leadership and direction.
MusclePharm Hires New CFO
MusclePharm Corporation appointed Peter C. Lynch CPA as the company’s new chief financial officer, principal financial officer and principal accounting officer.
Action Sports Retail Gets A Boost, But Zumiez CEO Remains Cautious
Similar to its action sports retail peers, Zumiez reported an unexpected boost in same-store sales for its fiscal third quarter, but CEO Rick Brooks isn’t ready to start the holiday party just yet.
Journeys Sees Promotional Holiday Quarter
Journeys continues to battle an ongoing fashion shift to retro footwear styles as well as the impact of unseasonably warm weather on boot sales.
Aisle Talk, Week Of November 28
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of November 28
The leading figures from this week’s news in the active lifestyle space.
Genesco’s Q3 Earnings Leap Past Street Estimates
Third-quarter earnings benefited from better-than-expected sales and significantly stronger margins at Lids Sports Group. The retailer nonetheless retained its guidance for the year due to the impact of unseasonably warmer weather and continued fashion shifts at Journeys.
G-III Apparel Sees Warm Weather Chilling Outerwear Sales
“The repeat of unseasonably warm weather created even more pressure than we anticipated,” said CEO Morris Goldfarb.
G-III Q3 Sales, Profits Slip
The parent to Starter and other team licensed and fashion brands also revised its fiscal-year outlook following its acquisition completion of the Donna Karan and DKNY brands.
Adidas Opens Largest Store In NYC
The 45,000-square-feet location at 565 Fifth Ave. on the corner of 46th Street features “stadium retail” design, a juice bar, a personal fitness consultation area and customization areas
Zumiez Q3 Beats Estimates
Positive growth in men’s, accessories and junior’s supported a 4 percent comp gain in the period.
Australia’s Vie Activewear Plans First U.S. Headquarters In Idaho
The company, which was founded in 2013 in Bondi Beach, Australia, is expected to bring 43 new jobs with an average wage of $51,900.
Bauer Hockey’s New Campaign Pits Captain Against Rookie
Aim For Greatness features Chicago Blackhawks captain Jonathan Toews and Toronto Maple Leafs rookie Auston Matthews.
Adidas Shuffles Employees, Moves 150 Jobs To Portland
As for the rationale of moving some Adidas jobs to Portland? The talent pool.
Sweaty Betty Ramps Up U.S. Retail Expansion
The women’s activewear retailer based in the U.K. plans to expand to at least 50 stores in the U.S. over the next five years.
